Event : FATCA Implementation for Funds

The European and World fund markets are far from harmonised. Ongoing national protectionism in tax regulations has hindered the move towards open architecture and the creation of a fully functional international market.

The US has further strengthened this position with the enactment of FATCA. It was enacted in response to perceived tax abuse by US persons using offshore financial facilities to hide assets.

FATCA undermines the commercial basis on which financial institutions hold US assets and deal with US customers. FATCA includes unprecedented changes and obligations and carries significant financial and commercial risk.
This timely and unique one day conference will enable fund managers to overcome the challenges of FATCA implementation.